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Fake Website Prompts China’s Central Bank to Deny Digital Yuan Launch
14.11.2019
Despite online impostors claiming otherwise, the People’s Bank of China said the country’s stablecoin project is still in the testing stage with no date set for launch
China Central Bank Official: Digital Yuan Should Have ‘Controllable Anonymity’
12.11.2019
China’s proposed digital yuan should strike a balance between protecting privacy and regulatory enforcement, a central bank official said
Holders of the Digital Yuan Will Not Be Paid Interest
8.11.2019
China has been sending mixed signals about its preparedness to issue a national crypto. Despite the new blockchain push, there is still no timeframe for the anticipated launch of the digital yuan and few details have been revealed so far. However, a senior official from China’s central bank...
Facebook Warns that China May ‘Rewire the World’ with the Digital Yuan
18.10.2019
Facebook’s blockchain chief David Marcus has warned Washington that stopping the launch of Libra will open the door for China to steal a key advantage in the world of digital currencies.
Marcus stated, per Bloomberg,
“The future in five years, if we don’t have a good answer, is basically China...
Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder
31.8.2019
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong...
Digital Yuan: Weapon in US Trade War or Attempt to Manipulate Bitcoin?
9.8.2019
Six years after beginning to research digital technologies, China has finally decided to accelerate the development of a state cryptocurrency
China Should Prepare Digital Yuan to Counter Facebook Libra: Ex-PBoC Chief
11.7.2019
China should revamp its plan for a national digital currency in the face of Facebook's Libra cryptocurrency, says the central bank's former head